$427,216 annual net rental income | Three national tenants | Prime Tauranga CBD
An exceptional opportunity to secure a substantial, high-calibre commercial investment in the heart of Tauranga's revitalising CBD, generating an impressive $427,216 net annual rental income plus GST. Underpinned by three established national tenants and an extensive, premium-quality refurbishment, 41 Elizabeth Street presents a compelling combination of investment strength, contemporary presentation and long-term appeal.
The impressive tenant line-up includes engineering consultancy Vitruvius occupying the premium first floor, Heartland Bank securing the prime front ground-floor tenancy, and respected law firm Meredith Connell occupying the rear premises. Together, these established occupiers provide an attractive spread of rental income across three separate tenancies.
Beautifully transformed through an extensive refurbishment, the building effortlessly combines distinctive architectural character with sophisticated modern commercial design. Occupying a prime 564sqm City Centre-zoned site, the property offers approximately 852sqm of net lettable area across two levels, complemented by eight covered onsite car parks and an impressive A-Grade seismic rating of 90% NBS.
Tauranga city centre has entered an exciting new chapter, with significant public and private investment reshaping the heart of the Bay of Plenty's largest city. From a revitalised waterfront and a growing commercial precinct to an ambitious new civic heart, the transformation is creating fresh reasons for businesses, residents, visitors and investors to look to the city centre with renewed interest.
Premium CBD investments offering this combination of substantial rental income, national tenant strength, outstanding presentation and strategic positioning are seldom available. For discerning investors seeking a prestigious commercial holding in Tauranga's evolving city centre, 41 Elizabeth Street is an opportunity demanding serious consideration.
For more information or to view the property please contact Team Bradley, Bayleys No.1 commercial team in the Bay of Plenty.
